Case Study

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Client

Konnect

Industry

E-commerce: Selling of products channeled through the system.

Job Scope

Job Scope: Bookkeeping, Accounts Payable/ Accounts Receivable, Reconciliation- Bank, A/P, A/R, Credit Card.

More Info

About the Client
Data and Software
Initial Analysis
Solutions

About the Client

Client provides a framework where retailers and dealers register to find products of interest that they want to sell. The products are sourced to the sellers through syndication engine and are sold through various channels.

Data and Software

We received Bank and PayPal access from the client & QuickBooks Backup.

Initial Analysis

Work is limited to the entering of the bank and PayPal transactions from the statements.

Solutions

For this Client, we worked on the QB 2010 Software.

We started with the Chart of accounts, and entering bank and PayPal entries in QB.

Efficient maintenance of the books has helped to generate the profit and loss account properly.

We have now started entering purchase bills in the Quick Book and tracking the wire payments.